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Megabank HSBC has been as much a part of Hong Kong history as Victoria Harbor, high tea at the Peninsula Hotel and martial-arts movies. Founded in 1865 as the Hongkong and Shanghai Banking Corporation, HSBC backed some of city's most important businessmen, including tycoon Li Ka-shing, and remains Hong Kong's No. 1 bank. But for much of the past 20 years, HSBC has expended a lot of its energy striving to be more than an Asian institution. With major acquisitions in the U.K., the U.S. and elsewhere, HSBC grew into one of the world's largest...

Author: /time Magazine | Title: Why HSBC Is Returning to Hong Kong | 9/30/2009 | See Source »

...followed, there were battles - with drillers, ranchers, developers - over and over (and over: The National Parks is gorgeous, but at 12 hours, it sometimes gives new meaning to the term geologic time). When FDR created Jackson Hole National Monument in 1943, a Wyoming Senator likened the plan to Pearl Harbor, while a local journalist compared it to Hitler's Anschluss. See pictures...

Author: /time Magazine | Title: National Parks: a Case for Big Government | 9/28/2009 | See Source »

...financial order, two luxury Hong Kong apartments have just gone on the market for a stunning $38.7 million each. If the developer, Sun Hung Kai, finds buyers at that price, the three-level penthouse dwellings, perched atop the 93-storey Cullinan towers with sweeping views of Hong Kong's harbor, could well qualify as the world's most expensive apartments. More than 4,000 sq. ft. in size, the apartments, which are still under construction, are selling for $9,677 per sq. ft. That's considerably above the $6,000-per-sq.-ft. price that top-end London flats were...

Author: /time Magazine | Title: Hong Kong: The World's Most Expensive Real Estate? | 9/24/2009 | See Source »

...Tonight, the Cambridge City Council will meet to discuss climate change and greenhouse-gas emissions. In my opinion, now is the time for the city to consider an offshore wind farm. By constructing offshore wind farms in the outer reaches of Boston Harbor, the region will position itself to meet the requirements of the pending Waxman-Markey bill—or other future federal legislation that caps greenhouse-gas emissions...

Author: By Neal W. Leavitt | Title: Harbor Winds | 9/23/2009 | See Source »

Sept. 23 was a hazy day in Hong Kong. It's unlikely that Sarah Palin could have gazed across the city's harbor, past the mountains of the New Territories, and spied mainland China in the distance. Secluded inside the Grand Hyatt hotel, behind a tight cordon of security and a sea of hobnobbing fund managers, she may not even have seen much of Hong Kong itself...

Author: /time Magazine | Title: What Sarah Palin Said in Her Hong Kong Speech | 9/23/2009 | See Source »

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